Odd Lot Index

PRE PAID LEGAL SERVICES INC

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2006-08-02
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formNot stated
Price offeredUSD $35.00 per share
Most an odd-lot tender could be$3,465.00

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

expiry = 2006-08-02...234 Offer to Purchase for Cash Up to 1,000,000 Shares of its Common Stock, Par Value $0.01 Per Share At a Fixed Price of $35.00 Per Share THE OFFER TO PURCHASE, PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 5:00 P.M., NEW YORK CITY TIME ON AUGUST 2, 2006, UNLESS THE OFFER TO PURCHASE IS EXTENDED We hereby invite our stockholders to tender up to 1,000,000 shares of our common stock for purchase by us at a fixed price of $35.00 per share, net to the seller in cash, without interest. Our offe...
listed = True...our offer until such time as the conditions have been satisfied or waived. If a condition is waived for any particular stockholder, the same condition will be waived for all stockholders who tender shares. 8. PRICE RANGE OF SHARES; DIVIDENDS Our common stock is listed on the New York Stock Exchange under the symbol PPD. The following table sets forth the high and low sales prices, for our common stock as reported on the New York Stock Exchange. HIGH LOW 2004 First Quarter $ 26.33 $ 21.57 Second Quarter 25.50 22.27 Third Quarter 26.10 22.25 Fourth Quarter 40.39 25.45 2005 First Quarter $ 38.37 $ 30.69 Second Quarter 47.00 33.51 Thir...
mechanism = FIXED...so authorized to purchase an additional 515,356 shares in the future, subject to certain limitations under our existing credit agreements. See Section 11. How will PPLS pay for the shares? Assuming we purchase 1,000,000 shares in the tender offer at the fixed purchase price of $35.00 per share, $35 million will be required to purchase such shares, exclusive of related fees and expenses. We currently have the funds necessary to purchase shares tendered in the tender offer as a result of a $75 million term loan and $5 million revolving loan we recently received from Wells Fargo Foothill, Inc. See Sections 7 and 9. How long do I...
must_tender_all = True...as determined by us in our reasonable judgment, that these events will occur. See Section 7. What happens if more than 1,000,000 shares are tendered in the tender offer? We will purchase shares: · first, from all holders of “odd lots” of less than 100 shares who properly tender all of their shares and do not properly withdraw them before the expiration date; · second, after purchasing the shares from the “odd lot” holders, from all other stockholders who properly tender shares, on a pro rata basis, subject to the conditional tender provisions described in Section 6; and · third, only if necessary to permit us to purchase 1,000,000...
price = USD 35.0...certain limitations under our existing credit agreements. See Section 11. How will PPLS pay for the shares? Assuming we purchase 1,000,000 shares in the tender offer at the fixed purchase price of $35.00 per share, $35 million will be required to purchase such shares, exclusive of related fees and expenses. We currently have the funds necessary to purchase shares tendered in the tender offer as a result of a $75 million term loan...
threshold = 100...or conditional tenders will not qualify for this preference, and it is not available to record or beneficial holders of 100 or more shares, even if the holders have separate stock certificates for fewer than 100 shares. By accepting this offer, a stockholder owning of record or beneficially fewer than 100 shares will avoid the payment of brokerage commissions and the applicable odd lot discount payable in a sale of such shares in a transaction effected on a securities exchange. As of June 30, 2006, there were approximately 1,400 holders of record of our common stock. Approximately 97 of these holders of record held individually fewer than 100 sh...
txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 exh-a1i_14474.htm OFFER TO PURCHASE DATED JULY 5, 2006 WWW.EXFILE.COM, INC. -- 14474 -- PRE-PAID LEGAL SERVICES, INC. -- EXHIBIT (a)(1)(i) TO SCHEDULE TO EXHIBIT (a)(1)(i) PRE-PAID LEGAL SERVICES, INC. One Pre-Paid Way Ada, Oklahoma 74820 (580) 436-1234 Offer to Purchase for Cash Up to 1,000,000 Shares of its Common Stock, Par Value $0.01 Per Share At a Fixed Price of $35....

The filings

FiledFormRoleOn EDGAR
2006-07-05SC TO-Ioriginal (governing)View